After World’s Largest Crypto Hack Worth $1.5 Billion Ethereum, Company Recovers Stolen Funds; Internet Is Not Amused
In what is dubbed the largest crypto heist in history, Dubai-based cryptocurrency exchange Bybit got hacked. Per the company, hackers stole $1.5 billion worth of Ethereum (ETH). Attackers transferred a large chunk of crypto to an unidentified address by exploiting security protocols that compromised an offline wallet containing ETH.
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Crypto Payment Firms and OTC Desks Brace for Fallout as Stolen Bybit Funds Move Through the MarketCrypto payment firms and OTC desks are ready to freeze stolen Bybit funds. Various entities froze a total of $42.5 million.
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
Bitcoin drops under $95K as the Bybit hack triggers a broader crypto sell-off, leaving altcoins in the red and market sentiment on edge.
A significant number of institutional investors have made a big move in the crypto market, purchasing 430,000 shares. Ethereum (ETH) in three days. This surge i ...
Infini, a Hong Kong-based stablecoin neobank has suffered a security breach, resulting in the loss of $49.5M in USD Coin ...
The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.
The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, ...
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Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to MixersEthereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
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